91. The committee decided instead to try to reduce the oil account deficit by cutting consumption and other austerity measures. 92. The contrasting view is argued most vehemently by Jeffrey Sachs of Harvard, who insists that high interest rates and austerity measures are bringing disaster to many emerging markets. 93. The case has temporarily distracted the Congress, which faces votes on a series of austerity measures to bolster investor confidence. 94. The coalition has already shown strains over economic policy, particularly the issue of how severe austerity measures should be. 95. The decline was sharpest in France where austerity measures aimed at reducing the budget deficit risk accelerating economic slowdown. 96. The IMF arranges short-term loans directly to countries in sudden economic crisis, often imposing austerity measures on them in return for the aid. 97. The International Monetary Fund has requested a series of austerity measures before providing the government with low-cost loans Bulgaria needs to pay its creditors. 98. The IMF arranges short-term loans directly to countries in sudden economic crisis, often imposing austerity measures in return for the aid. 99. The municipal government has now moved to address that deficit with the hiring freeze and the retrieval of cars and phones, and further austerity measures are expected. 100. The military has not only accepted its diminished role, but also supported tough austerity measures. |